Web2 days ago · Greensill files cross-claim against insurers over disputed Liberty Commodities trades QBE says US$9mn insurance row based on fake commodity trades BCC loses appeal over denied payout to trade finance lender Exclusive: QBE Malaysia faces winding-up order over US$9mn disputed claim Retirement prompts trade credit reshuffle at QBE WebMar 9, 2024 · “The insurance was crucial because it made Greensill’s assets appear safer to Credit Suisse’s institutional investors, some of whom are restricted from putting cash into riskier investments,” The Wall Street Journal reported. According to the Journal, “the Credit Suisse and GAM funds could face losses if Greensill’s clients aren’t ...
Credit Suisse financed Greensill’s plan to set up insurance …
WebMar 1, 2024 · Credit Suisse has been trying to recover $10bn (£8.2bn) of funds trapped in Greensill, as well as overhauling its risk management and compliance. Climate campaigners sue BNP Paribas over fossil ... WebOct 17, 2024 · Credit Suisse told investors in its main Greensill fund that the notes were guaranteed by insurance, but with a warning that payment might not be “in full and on … list of virgin births
Credit Suisse filed 18 insurance claims linked to …
WebDec 19, 2024 · Credit Suisse provided funding for Greensill Capital to set up its own in-house insurance firm, weeks after the supply-chain finance company’s main insurer … WebApr 1, 2024 · Two Credit Suisse sources told Reuters in May 2024 and in January 2024, just two months before Greensill and the fund collapsed, that Credit Suisse had … WebMar 24, 2024 · Rates in the trade credit insurance space have been trending up for the last year, increasing by 5% to 10%, partially as a pre-emptive attempt to mitigate pandemic losses. immunisation handbook pregnancy